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SU-L1055 : Consolidating a Sustainable Energy Sector

Project Status: Implementation

The general objective is to improve rural economic development, by ensuring adequate and modern access to sustainable electricity to enhance the living conditions of the rural population while improving the rural business environment with better provision of electricity as a public service. The specific objectives are to: (i) advance the implementation of energy reform through support to the Energy Authority of Suriname (EAS) and operational management of the EBS; (ii) increase the reliability of the power system and promote the diversification of the energy matrix through financing pre-investment activities related to Renewable Energy (RE) and Natural Gas (NG); and (iii) expand electricity coverage through a combination of grid extension and off-grid- systems, increasing the provision of RE systems

Project Detail

Project Number
SU-L1055
Approval date
December 09, 2019
Project Country
Suriname
Project Sector
ENERGY
Project Subsector
RURAL ELECTRIFICATION
Project Type
Loan Operation
Environmental and social impact category
B
Project Status
Implementation
Operation Number
4931/OC-SU

Financial Information

Project Number
SU-L1055
Project Status
Implementation

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Aug/10/2020

Roles & Responsibilities

Contract signature date
Feb/06/2020

Project Information

Total Cost
USD 30,000,000
Country counterpart financing
USD 0
Amount
USD 30,000,000

Preparation

Title
Type
Project Number
Date Published
Environmental and Social Management Plan
SU-L1055
September 25, 2019
Environmental Analyses
SU-L1055
September 24, 2019
Environmental Impact Assessments
SU-L1055
September 24, 2019
Environmental Impact Assessments
SU-L1055
July 22, 2019
Project Profile
SU-L1055
January 18, 2019

Approved

Title
Type
Project Number
Date Published
Loan Contract
SU-L1055;
February 26, 2020
Loan Contract
SU-L1055;
December 17, 2019
Loan Proposal
SU-L1055
November 25, 2019
Loan Proposal
SU-L1055
November 25, 2019
Results Matrix
SU-L1055
May 11, 2019